Motorola CEO and long-time Google employee Dennis Woodside is leaving the company for Dropbox.
This news comes at a hectic time for the two companies in question. Motorola, still new to Google, was sold last month to Lenovo for a low $2.91 billion. As for Dropbox, the company recently raised a $350 million round of funding at a jaw-dropping $10 billion valuation.
[aditude-amp id="flyingcarpet" targeting='{"env":"staging","page_type":"article","post_id":897586,"post_type":"story","post_chan":"none","tags":null,"ai":false,"category":"none","all_categories":"business,cloud,mobile,","session":"C"}']It’s not clear if Woodside left Motorola voluntarily, although his new role is certainly noteworthy; at Dropbox he will serve as the company’s first chief operating officer.
Woodside’s performance at Motorola further complicates this move. While his Moto X initiative received moderate praise, Woodside failed to steer the company to profitability — despite cutting prices across the board.
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Now a Dropbox chief, Woodside faces a difficult task: He must help CEO Drew Houston expand rapidly into enterprise and mobile under the weight of gargantuan expectations.
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